Best memory etf for short term

Screening Filters

1. Theme: Technology Equities

   • Purpose: Focus on ETFs that invest primarily in technology-related companies.
   • Rationale: “Memory” as an investment theme (DRAM, NAND, storage) sits squarely inside the tech sector. By limiting to Technology Equities, the screener avoids broader sector or mixed-theme ETFs (e.g., general large-cap, industrials, or diversified funds) that would dilute exposure to the memory chip industry you’re specifically targeting.

2. Holdings: MU, WDC, Samsung Electronics, SK Hynix

   • Purpose: Ensure the ETF has meaningful exposure to core memory players: Micron (MU), Western Digital (WDC), Samsung, and SK Hynix.
   • Rationale: When someone says “memory ETF,” they typically mean funds tied to companies that design or manufacture memory and storage chips. These four names are some of the most important global memory manufacturers. Requiring at least one (or several) of them as holdings:
     • Filters out generic tech ETFs that might focus on software, internet, or semis unrelated to memory.
     • Increases the probability that the ETF’s performance will be driven by the memory cycle—exactly what you’re asking for.

3. 1-Month Price Change %: min: 5

   • Purpose: Capture ETFs that have shown at least moderate positive momentum over the last month.
   • Rationale: For a short‑term investment, near-term price strength is often an important factor. A 5%+ gain over the past month:
     • Suggests buyers are currently favoring the ETF and its underlying memory-related stocks.
     • Filters out laggards or ETFs that are flat/declining, which may be less appealing for a short-term trade-oriented view.
     • Aligns with the idea of “best” in a short-term sense by emphasizing current positive trend, not just long-term fundamentals.

4. RSI Category: moderate

   • Purpose: Avoid ETFs that are technically overbought (too hot) or oversold (too weak) based on RSI (Relative Strength Index).
   • Rationale: For short-term investing, extreme RSI readings can signal elevated risk:
     • Overbought: High RSI may indicate a crowded trade with a higher probability of a pullback.
     • Oversold: Could bounce, but also often reflects ongoing negative sentiment or unresolved fundamental issues.
     • Moderate RSI suggests a healthier technical setup—recent strength (already filtered by the 1‑month performance) without being at extremes—more balanced for short-term entry.

5. Expense Ratio: max: 0.75

   • Purpose: Limit the ETF universe to funds with relatively reasonable fees.
   • Rationale: Even over the short term, high expense ratios erode returns, and “best” usually implies cost-efficiency:
     • A 0.75% cap excludes niche, very expensive thematic funds while still allowing some specialized tech/memory ETFs.
     • Keeps the universe biased toward products that are at least somewhat competitively priced, which matters if you rotate in and out or hold slightly longer than planned.

Why Results Match Your Question

• The Technology Equities theme and core memory holdings (MU, WDC, Samsung, SK Hynix) make sure the ETFs are genuinely tied to the memory chip industry, not just general tech.
• The 1‑month performance filter (≥ 5%) and moderate RSI aim to balance near-term momentum with reasonable technical risk, which is appropriate for a short-term investment focus.
• The expense ratio cap ensures you’re considering ETFs that are not excessively costly, supporting the idea of “best” in terms of both exposure and efficiency.

Together, these filters narrow the search to ETFs that are:

• Truly memory‑focused,
• Showing constructive recent performance suitable for short-term positioning,
• Not at extreme technical levels,
• And reasonably priced in fees.